UK Snap Election: What Does It Mean?
Updated
Quote: British Prime Minister Theresa May has triggered the process for an early general election, sending shockwaves through the UK political world.
But what does it mean for the rest of the globe?
British governments generally last for five years, and the Conservative Party's administration -- then led by May's predecessor David Cameron -- was elected in 2015. The next election was not due to take place until May 2020. ...
... May, who took over when Cameron resigned in the wake of Britain's decision to leave the European Union, wants to seek a stronger mandate in Brexit talks. ...
... But her party only has a slim majority in Parliament, and opposition parties have attempted to throw rocks in her path towards Brexit.
She also faces divisions in her own party over Brexit tactics -- although perhaps not surprisingly, May didn't mention those on Tuesday.
Source: edition.cnn.com/2017/04/18/europe/uk-snap-election-explainer/
But what does it mean for the rest of the globe?
British governments generally last for five years, and the Conservative Party's administration -- then led by May's predecessor David Cameron -- was elected in 2015. The next election was not due to take place until May 2020. ...
... May, who took over when Cameron resigned in the wake of Britain's decision to leave the European Union, wants to seek a stronger mandate in Brexit talks. ...
... But her party only has a slim majority in Parliament, and opposition parties have attempted to throw rocks in her path towards Brexit.
She also faces divisions in her own party over Brexit tactics -- although perhaps not surprisingly, May didn't mention those on Tuesday.
Source: edition.cnn.com/2017/04/18/europe/uk-snap-election-explainer/
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APR 18 2017 - Theresa May´s U-Turn: After month of denying to held snap election on April 18th Theresa May made a U-Turn and called for snap elections on June 8 2017.
General election 2017: poll suggests voters back Theresa May U-turn
Source: theguardian.com/politics/blog/live/2017/apr/18/corbyn-cressida-dick-met-police-a-gun-may-not-have-saved-pc-killed-in-westminster-terror-attack-says-new-met-chief-politics-live
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Remark: In this trading idea will be provided accurate and unbiased information to share with the trading view community.I just want to make one personal comment on the snap election:
Finally the result could be something like "ironic". Last time, when a Britisch Prime Minister tried to obuse Britains voters to extend his political power he failed.
The name was David Cameron and his intention was to force Britains voters for a "NO" to the BREXIT on June 23rd 2016.
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APR 24 2017: Angela Merkel reportedly had to explain the 'fundamentals' of EU trade to Trump 11 timesbusinessinsider.de/trump-trade-merkel-germany-eu-2017-4?r=US&IR=T
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APR 24 2017 Germany's Merkel encouraged U.S. will consider EU free trade dealinvesting.com/news/economic-indicators/germany's-merkel-encouraged-u.s.-will-consider-eu-free-trade-deal-476536
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APR 24 2017: Wall Street surges, Nasdaq hits record on French vote resultinvesting.com/news/stock-market-news/futures-rally-as-french-worries-ease
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Le Pen, Macron spar as French presidential race narrows slightlyinvesting.com/news/world-news/macron-campaign-for-french-presidency-off-to-slower-start-than-le-pen%3A-poll-477875
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The Brexit slowdown is officially here — UK GDP grows less than expected in Q1uk.businessinsider.com/uk-economy-q1-gdp-brexit-2017-4
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Latest polls showing conflict numbersThe "pro BREXIT" related "The Sun" is showing other numbers than other polls. Just the results will prove the polls again if there are right or wrong.
Until "The Suns" lates polls came out the numbers had shown, that Theresa May is going to fail. The spread between Torries and Labour narrowed to just 13%. This was at the lower end of past 6 months opionion polls. Any low spread at the snap election would weaken Theresa Mays plans for something like a "hard BREXIT".
en.m.wikipedia.org/wiki/Opinion_polling_for_the_United_Kingdom_general_election,_2017
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The latest polls show most people think Brexit was a mistake. This could be a turning pointindependent.co.uk/voices/brexit-poll-times-yougov-mistake-theresa-may-labour-corbyn-election-turning-point-a7705301.html
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Knocking on doors to appeal to 'real people' on the campaign trail hasn't always gone to plan for mobile.twitter.com/SkyNews/status/858916831909756928?ref_src=twsrc^tfw&ref_url=http://www.bild.de/politik/ausland/theresa-may/wahlkampf-von-tuer-zu-tuer-51540640.bild.html
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Goldman Sachs CEO Lloyd Blankfein says Brexit will ‘stall’ City of London, prepares exit plancnbc.com/2017/05/05/goldman-sachs-ceo-says-brexit-will-stall-city-of-london-prepares-exit-plan.html
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Local election 2017 results in England, Wales and Scotland - and what does it mean for the general election?telegraph.co.uk/news/0/local-election-results-did-area-vote-does-tell-us-general-election/
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Theresa May makes Labor great again:Opinion polls bevor snapp election was called by Theresa May:
44 % Conservative Party
26% Labor
Latest Polls:
44 % Conservative Party
34 % Labor
Source: en.m.wikipedia.org/wiki/Opinion_polling_for_the_United_Kingdom_general_election,_2017
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UK PM May climbs down on 'dementia tax' plans after poll lead halvesinvesting.com/news/world-news/british-pm-may's-election-lead-halves-after-'dementia-tax':-surveys-486996
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UK budget deficit widens more than expected as VAT revenues stallm.investing.com/news/economy-news/uk-budget-deficit-widens-more-than-expected-as-vat-revenues-stall-487417
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Donald Trump today called himself "Mr. Brexit". UK voters might not like it.Latest Polls: Theresa May makes Labor great again.
43% Conservativ Party
38% Labor
10% Lib. Demokrats
SNP 5%
Depeding on the UK Parlamentary election system it doesnt mean that Theresa May is going to loose the election. But Theresa May might completely fail to add much more seats in the UK Parliament than she has now.
Source: en.wikipedia.org/wiki/Opinion_polling_for_the_United_Kingdom_general_election,_2017
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UK General Election polls: Labour slashes gap with Tories againstandard.co.uk/news/politics/uk-general-election-polls-labour-slashes-gap-with-tories-again-a3549886.html
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UK General Election polls: Tory majority ‘could be slashed to just two seats’ as Jeremy Corbyn’s Labour makes gainsstandard.co.uk/news/politics/uk-general-election-polls-tory-majority-could-be-slashed-to-just-two-seats-as-jeremy-corbyn-s-labour-a3549511.html
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April 18th 2017: The U.K. Snap Election Is Riskier Than It SeemsQuote: Conservatives are way ahead of Labour in polls of the United Kingdom — which may have been behind Prime Minister Theresa May’s decision to declare a “snap” general election for June 8 in the hopes of increasing her party’s majority in Parliament.
But May’s move isn’t risk free. In fact, if the final polls come within a couple of percentage points of the actual vote on June 8, it will be something of an upset. Polls in the U.K. have a history of inaccurate performance, with average errors that more than double the ones in American presidential elections.
fivethirtyeight.com/features/the-u-k-snap-election-is-riskier-than-it-seems/
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Pound Traders Sweat as Narrowing Polls Boost Election Jittersbloomberg.com/news/articles/2017-05-27/pound-traders-sweat-as-narrowing-polls-boost-election-jitters
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Latest pollls showing Theresa May lost majority in popular votes - wich doesn't matter for the parlamentary election.43% Torries (Theresa May)
36% Labour
9% Lib
4% SNP
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UK PM May's lead narrows after Manchester attack placing landslide win in doubtreuters.com/article/us-britain-election-idUSKBN18N0UA
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Polls show Conservative lead over Labour shrinking as vote approacheshome.bt.com/news/uk-news/poll-shows-conservative-lead-over-labour-shrinking-as-vote-approaches-11364183613098
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UK PM May's lead narrows after Manchester attack placing landslide win in doubtMay's lead halves to 6 pct points - ORB poll
YouGov: May's lead contracts to 7 pct points from 9
Opinium: May's lead contracts to 10 pct points from 13
ComRes: May's lead down to 12 pct points from 18
UK election tightens: Size of May's majority under question
cnbc.com/2017/05/28/uk-pm-mays-lead-narrows-after-manchester-attack-placing-landslide-win-in-doubt.html
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British election may not be Conservative landslide polls conducted after Manchester attack suggestabc.net.au/news/2017-05-28/british-election-may-not-be-conservative-landslide-polls-suggest/8567214
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Tory nerves fray as Jeremy Corbyn narrows Theresa May’s lead in new polltheguardian.com/politics/2017/may/27/corbyn-cuts-mays-lead-voter-approval-ratings
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UK could be heading towards hung parliament after general election, pollster predictsYouGov predicts the Conservatives may win just 310 seats – 16 shy of an absolute majority
independent.co.uk/news/uk/politics/tory-majority-poll-election-2017-latest-labour-hung-parliament-seats-theresa-may-conservatives-a7764271.html
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Sterling hammered by poll showing risk of hung parliamentinvesting.com/news/forex-news/sterling-hammered-by-poll-showing-risk-of-hung-parliament-489991
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Election poll latest: Theresa May's lead slashed to record low of three points as Labour close in on ToriesTheresa May's campaign has come unstuck in recent weeks
independent.co.uk/news/uk/politics/election-polls-latest-labour-tories-corbyn-may-yougov-lead-cut-who-is-winning-a7766171.html
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UK election raises Brexit stakes while ECB eyes recovery investing.com/news/economy-news/uk-election-raises-brexit-stakes-while-ecb-eyes-recovery-491247Note
General election poll: Theresa May's approval ratings plummet as majority of people dissatisfied with her leadershipindependent.co.uk/news/uk/politics/general-election-poll-latest-theresa-may-approval-ratings-2017-drop-majority-leadership-survey-a7769361.html
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If the polls are right, it's all over for Theresa May – and that's bad for BrexitAnything less than a substantially increased Conservative majority will amount to a defeat for Theresa May. If she fails to achieve it, it is hard to see how her position will be tenable – either as leader of her party, or as head of a government set to steer the bargaining with Brussels. independent.co.uk/voices/theresa-may-slips-jeremy-corbyn-climbs-election-polls-brexit-all-over-for-prime-minister-a7767626.html
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George Soros`s bets against Donald Trump failed.This is what he bet against and maybe he is going to fail again:
Soros says the European Union is now in an existential crisis, surrounded by hostile powers
cnbc.com/2017/06/01/soros-says-the-european-union-is-now-in-an-existential-crisis-surrounded-by-hostile-powers.html
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Comment: George Soros`s bets against Donald Trump failed.This is what he bet against and maybe he is going to fail again:
Soros says the European Union is now in an existential crisis, surrounded by hostile powers
cnbc.com/2017/06/01/soros-says-the-european-union-is-now-in-an-existential-crisis-surrounded-by-hostile-powers.html
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Labour ahead of Conservatives in unadjusted poll of votersOverall result for Ipsos Mori still shows Theresa May ahead by five points - but the gap is narrowing in Jeremy Corbyn's favour independent.co.uk/news/uk/politics/labour-ahead-of-conservatives-tories-ipsos-mori-poll-unadjusted-a7770651.html
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British PM May's election gamble in doubt as poll lead falls to one pointcnbc.com/2017/06/04/british-pm-mays-election-gamble-in-doubt-as-poll-lead-falls-to-one-point.html
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Quote: Investing.com - Europe is likely to set the tone for global financial markets this week, with the European Central Bank policy meeting and British general election on investors' minds.Meanwhile, in the U.S., market players will pay close attention to former FBI director James Comey's testimony before the Senate Intelligence Committee, in a hearing that could add to difficulties facing President Donald Trump.
Source: investing.com/news/economy-news/the-week-ahead:-5-things-to-watch-on-the-economic-calendar-491610
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Week Ahead: UK Election, Slowing U.S. Growth Boost Safe Havensinvesting.com/analysis/week-ahead:-200193051
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Latest UK Polls after London Terror attack showing 8% gain for Theresa May. The Footsie is building a ramp. UK stockmarkets ready for a blow off - depending on the results off the snapp election on June 8th. The chart also follow the rise of voters for Labour anticipating that there might be no "hard BREXIT".Note
After London attack, May faces election heat over police cutsinvesting.com/news/world-news/after-london-attack,-may-faces-election-heat-over-police-cuts-491847
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Jeremy Corbyn calls for Theresa May to resign as Prime Minister for presiding over police cuts while Home SecretaryThe Labour leader said he backed similar calls by 'very responsible' people who are 'very worried' about her record
independent.co.uk/news/uk/politics/jeremy-corbyn-theresa-may-resign-prime-minister-police-cuts-london-terror-attack-election-2017-a7773286.html
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Theresa May told to cancel Donald Trump's state visit to UK'Show some bottle please PM. Cancel the state visit and tell Trump where to get off'
independent.co.uk/news/uk/politics/trump-state-visit-uk-cancel-theresa-may-urged-to-stop-trip-us-president-a7774141.html
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Here's why the gusher of billions into European stocks should continuePolitical risks in Europe still exist, but analysts point to recent figures that suggest the euro zone economy is growing at its fastest rate in years, much faster than the U.S. economy.
European focused, U.S.-based domiciled funds alone saw net inflows of $4.2 billion in May, bringing total net flows year-to-date to $9.2 billion.
So far this year investors moved $13.7 billion to European funds.
cnbc.com/2017/05/30/heres-why-the-gusher-of-billions-into-european-stocks-should-continue.html
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The British election is in 3 days — and the polls are getting a lot closervox.com/world/2017/6/5/15739222/uk-election-jeremy-corbyn-labour-surge
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UK General Election polls: Tory lead slashed by 16 points as 'election race on a knife edge'standard.co.uk/news/politics/uk-general-election-polls-labour-slashes-tory-lead-by-16-points-as-election-race-on-a-knife-edge-a3557681.html
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General Election 2017: Conservative poll lead over Labour narrows to just one pointtelegraph.co.uk/news/2017/06/06/general-election-2017-conservative-poll-lead-labour-narrows2/
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Election 2017 polls LIVE: Latest news updates as Labour closes gap on Conservativesexpress.co.uk/news/politics/812641/Election-polls-2017-UK-news-latest-updates-general-election-labour-conservatives
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General Election 2017: Conservative poll lead over Labour narrows to just one point telegraph.co.uk/news/2017/06/06/general-election-2017-conservative-poll-lead-labour-narrows2/
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General Election polls: Survey finds Labour may have won enough support in the south east to beat the Conservativesgetsurrey.co.uk/news/surrey-news/general-election-polls-survey-finds-13146320
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European shares tread water as UK election, Spanish banks in focusinvesting.com/news/stock-market-news/european-shares-tread-water-as-uk-election,-spanish-banks-in-focus-492671
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Comment: Stocks close higher as Street hopes Comey testimony will be less damaging to Trump than fearedFormer FBI Director James Comey is slated to testify in front of the committee on Thursday and answer questions, marking the first time he publically speaks since being fired from his post.
The Senate Intelligence Committee released Comey's full opening remarks Wednesday afternoon, at which time the major indexes traded back near session highs.
cnbc.com/2017/06/07/us-stocks-await-comey-uk-election-ecb.html
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Polls now moving more to Theresa May: independent.co.uk/news/uk/politics/election-poll-latest-tory-win-results-corbyn-theresa-may-a7777781.htmlNote
Comment: UK polls are uncertain. This time most polls are wrong. The last 24hours polls telling each different stories.Final election polls give Jeremy Corbyn the lead over Theresa May for the first time
Eve-of-vote poll by research company Qriously gives Labour a slender advantage over the Tories for the first time
wired.co.uk/article/election-polls-labour-conservative-winner
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FUNDAMENTAL VIEW: BREXIT, THERESA MAY IS LOOSING SUPPORT FOR HARD BREXIT.
British election failure shakes confidence in May's Brexit strategy: ORB poll
investing.com/news/world-news/poll-shows-61-percent-of-british-voters-disapprove-of-mays-handling-of-brexit-talks-515173
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